5, MILBECK CLOSE, LONGRIDGE, PRESTON, PR3 3LQ - £180,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 MILBECK CLOSE is a very small extended detached house of 73m², built sometime between 1991 and 1995. It was last sold for £180,000 in September 2020, which was around 47% below the average September 2020 detached price in the Ribble Valley local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

5 MILBECK CLOSE Sold Prices

Land registry data shows four sales for 5 MILBECK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. All of the four 5 MILBECK CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 3 SEP	£180,000	£337,733	47% below HPI
2004 20 MAY	£169,950	£232,065	27% below HPI
2001 7 SEP	£78,950	£146,784	46% below HPI
1996 24 MAY	£65,950	£94,047	30% below HPI

5 MILBECK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The four 5 MILBECK CLOSE sales between May 1996 and September 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2004 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2020 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 5 MILBECK CLOSE?

5 MILBECK CLOSE is 73m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of detached houses in Longridge, based on EPC data. The below chart shows the distribution of detached houses by size in Longridge, and where 5 MILBECK CLOSE lies on this distribution: 5% of detached houses are smaller than 5 MILBECK CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Longridge.

5 MILBECK CLOSE: Plot and Title Map

5 MILBECK CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 5 MILBECK CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 MILBECK CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 5 MILBECK CLOSE?

5 MILBECK CLOSE is located in LONGRIDGE, in the PR3 postcode district. The below map shows the position of No. 5 on MILBECK CLOSE.